Kuwait Business City on display
Kuwait Business City Company will participate in the 9th Real Estate Exhibition organized by the Kuwaiti National Exhibitions Company under the patronage of the Kuwaiti prime minister, Sheikh Sabah al-Ahmad al-Jaber al-Sabah, in Sheraton Hotel Kuwait on September 26-29, reported the Kuwaiti newspaper, Al-Watan on September 25.
The vice chairman of the company, Ahmad al-Yaaqub, said that the company will present in the exhibition its unique project, Kuwait Business City, with $90 million total costs. The project will be set up on 23,000 square meters area and will include office towers, hotel, several floors of parking lots, and a large yard with commercial market and restaurants area.
The project, which was planned according to the smart building technology, aims at developing Al-Sharq area, according to al-Yaaqubi.
It should be mentioned that Kuwait Business City was established this year with a 52 million Kuwaiti Dinars ($178 million) capital. The company has awarded Al-Mazaya Holding Company the development works of the project for a three years period.